Manston Airport to close despite last minute purchase offer

Manston Airport in Kent, Southeast England, is set to close May 15 despite an eleventh hour offer from US investment firm RiverOak to purchase the loss-making facility.
The offer from RiverOak, believed to be around £5 million ($8.5 million), “is significantly higher than the entire capital investment expended by the current owner since Manston was purchased in November of last year,” the US company said in a statement.
Manston, which has the fourth-longest runway in the ...